Stellapps, a leading dairy technology startup, has successfully raised $26 million (around INR 218.5 crore) in Series C funding. This investment combines both debt and equity, coming from a mix of existing and new investors.
Funding Details
Investors on Board
The funding round included major players like Blume Ventures, Omnivore, the Bill & Melinda Gates Foundation, IDH Farmfit Fund, 500 Global…
Titan Capital has officially closed its Winners Fund at INR 333 crore, signaling strong investor confidence and commitment to supporting its portfolio companies. This fund aims to back breakout startups in their growth phases, enhancing Titan’s already robust investment strategy.
Fund Details
Successful Fundraising
Initially targeting INR 200 crore, the Winners Fund exceeded expectations due to…
Edtech company upGrad has successfully raised an additional $60 million from Singapore’s Temasek, maintaining its valuation at $2.25 billion. This funding marks a significant boost for the company as it continues to expand its offerings in higher education and skill development.
Key Developments
Temasek’s Investment
The fresh investment comes amid upGrad’s efforts to strengthen its position…
Deepinder Goyal, co-founder and CEO of Zomato, is stepping into the health and wellness space with a new venture called Continue. This initiative aims to promote longevity through health tracking and mental wellness.
What is Continue.com?
The website Continue.com, billed as “The Ultimate Health Tracker,” is linked to Upslope Advisors Pvt Ltd, a company registered just this April. Currently…
Temasek’s Fullerton Financial Holdings (FFH) is making a significant move in India by acquiring a controlling stake in Lendingkart, a digital lending platform focused on small and medium enterprises (SMEs). Here’s a closer look at the deal and its implications.
What’s Happening?
Fullerton Financial is set to invest ₹252 crore (approximately $30 million) in Lendingkart, pending regulatory…
India’s largest group of retail distributors is urging the antitrust authority to investigate three popular quick commerce companies—Zomato’s Blinkit, Swiggy, and Zepto. They are concerned about these companies’ alleged predatory pricing practices, which they say threaten traditional retailers.
Quick commerce is taking India by storm, with businesses promising delivery of everything from…
In the rapidly evolving landscape of education, artificial intelligence (AI) is not just a buzzword—it’s a game-changer. With the global AI in education market projected to skyrocket from $1.8 billion in 2021 to astronomical heights by 2030, the impact of AI in classrooms worldwide is undeniable. But is AI here to replace teachers or to empower them? Let’s explore how AI is enhancing…
The Karnataka government is set to impose a new transaction fee on popular aggregator platforms like Zomato, Swiggy, Uber, and others. This move aims to support the welfare of gig workers in the state.
What You Need to Know About the New Fee
Karnataka’s Labour Minister, Santosh Lad, announced that a small cess—ranging from 1% to 2%—will be charged on every transaction made through these…
In a world where job rejections are all too common, Anu Sharma, a software engineer at Google, recently experienced a rejection that was anything but typical. After applying for a position at a promising startup, she received a letter stating she was “too good” for the role. This unexpected reason has sparked conversations about qualifications, job satisfaction, and the challenges many face in…
Mira Murati, the former chief technology officer at OpenAI, is gearing up to launch her own AI startup and is currently in discussions with venture capitalists to secure funding, sources reveal. With a reputation as a leading figure in artificial intelligence, Murati’s new venture aims to develop innovative AI products based on proprietary models.
While it remains uncertain if she will take the…
